Closing a Scottrade account involves a few important steps to ensure that the process goes smoothly. First, it is advisable to review the account balance and any outstanding transactions. It is very important to withdraw any remaining funds from the account before initiating the closure. This can typically be done through the Scottrade online platform or by requesting a withdrawal.
After ensuring that the account balance is zero and there are no open orders, the next step is to contact Scottrade’s customer service for specific instructions on the account closure process. They will provide guidance on any necessary forms that need to be completed. Additionally, it is advisable to check the Scottrade website for the most current contact information and specific details related to account closures.
Once the account closure request is submitted, it may take several business days to process. Always make sure to keep records of communications and any confirmations related to the account closure for future reference.
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